If Obama wins reelection, do you wish the current recession to continue?

[King]

We are and have been in a depression folks, when you subtract the government stimulus.

Well then thank god we didn't elect a President who was against government stimulus.

We have a lot of pain to experience before we are ever going to get to a recovery.  I'm not very optimistic about if even Romney has the balls to pull it off. 

No, no, we don't.  Please stop thinking this way, for your own health and well-being.  There is no imaginary lala-land where the business cycle doesn't exist and the rules of economics no longer apply.  We don't need to destroy everything and rebuild it from scratch.  Your life in small government utopia would not be, for better or worse, much different than it is now.

Stop hoping for it.  Be thankful that depression was just a recession and will go away.  Yes, it will go away.

The only permanent economic depression is a lack of natural resources.  That will never be the case in the United States in your lifetime or for many lifetimes to come. 

[King]

I'm not saying it won't go away, but we keep creating bubbles with stimulus instaed of letting them pop.  I'm not going to waste much time arguing with you, you need to study economics.

No, sir, you are the one that needs to study economics.  Stimulus doesn't create bubbles.  Bubbles are naturally occurring.  This is no argument.  If you don't believe this, then you don't believe in reality.  Sure, the government helped the mortgage bubble, but even if they hadn't, you can bet damn well sure something else stupid would have created a bubble instead.  Economies will always find the easiest money good around and then overproduce it to the point of bust.  It sounds bad, but it's that get-rich-quick attitude which drives innovation.

We could never produce another stimulus bill ever again and there will still be regular times of expansion and recession just as there are now.  There is no utopia just over the hill.